Nifty Soon Entering Overbought Zone, Midcaps in Correction Mode.

👉Correction gives opportunity to Accmulate Quality Stocks On Decline.

👉Huge money waiting to be made in India Growth Story in next 3 to 5 Years. Don’t miss to read our article old Link 👇👇👇

https://wealthcreatures.com/2018/05/11/wheres-the-money-india-itself-is-a-sector-picking-right-stocks/

👉In April Nifty Moving from lows of 9951 to 10800 Correction is healthy for markets and giving opportunity to add your favourite stocks at Resonable price. Where Patience investor can make good money in Medium To Long Term.

👉From last Many session Nifty is on upmove, But Midcap Index has corrected 4% by almost 1000 points & Small Cap Index has also corrected almost 5%.

👉Markets are factoring BJP wins currently.Nifty spot has managed to cross its Resistance of 10800 and closed at highest point of the day.Nifty can touch 10880/950/11050 Levels also .But above that it would be difficult to sustain in short term and above those levels Nifty can go in overbought zone and can correct from there.

👉Crude Trading Above 75$ and $ Close To 67.50 are concern and can’t be ignored in short term.

👉Once BJP Win gets confirmed on Tuesday.Midcap can start participating in Rally.We can keep trading in range of 10500-11059 in May series.

👉we@ wealthcreatures feel soon Nifty to make a entry in over bought Zone.We need to spend some time wise correction for Futher upmove. This correction would be healthy for markets and would give opportunity to add stocks at lower levels.

👉We have come up with 40 Fundamental stocks which can be added at cmp if you are aggressive investor & safe investor can add them on dips, we have also mentioned the best price to add stocks which can give good returns in medium to long term. Stocks if bought at Best Accmulation price zone in SIP in correction ,it can give 10% to 30% Returns in 6 To 9 months & one can expect 100% plus Returns also in 24 To 36 months.Also Downside is very limited from Best price as all stocks are Fundamentally very strong and we expect all stocks to post good results in next few Qtrs.

👉Associated Alochol ( 280-300)

👉BODAL CHEMICAL ( 98-105)

👉Delta Corp ( 200-225)

👉Agritech ( 90-100)

👉Ajmera Realty ( 200-220)

👉L&T (1225-1275)

👉Tata Motors ( 290-320)

👉Ionexchange (400-430)

👉Datamatic Global ( 95-100)

👉GM Breweries ( 875-950)

👉V2 Retail (340-376)

👉Deepak Fertliser ( 260-280)

👉Jindal Steel & Power (190-210)

👉Bombay Deying ( 200-220)

👉Jindal Saw ( 80-86)

👉Andhra Petro ( 48-50)

👉TVS Motors ( 500-525)

👉Century Ply ( 240-260)

👉Ibull Housing ( 1050-1100)

👉ITI ( 95-100)

👉Escorts ( 800-840)

👉Ganesh Benzoplast ( 66-70)

👉Jai Corp ( 120-130)

👉JM Financial ( 110-117)

👉Nocil ( 180-190)

👉Virinchi Tech ( 100-110)

👉Nucleus Soft ( 360-380)

👉MRF ( 64000-66500)

👉NIIT LTD ( 95-100)

👉Tata Elxi ( 950-980)

👉Deepak Nitrite ( 210-225)

👉 Chambal Fertlizer ( 135-145)

👉Federal Bank ( 75-78)

👉Yes Bank (270-290)

👉Vijya Bank (48-52)

👉Tinplate ( 170-180)

👉Quick Heal ( 270-280)

👉Meghmani Organic ( 83-88)

👉LT Foods ( 68-75)

👉Jindal Drilling (140-145)

👉NBCC ( 80-86)

👉Disclaimer – All stocks are for Study Purpose only.consult you Financial Advisor Before Investing.

2 thoughts on “Nifty Soon Entering Overbought Zone, Midcaps in Correction Mode.

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